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Thinking posts
36 results36 results
Thinking| 22 Oct 2019
The Superannuation Guarantee Amnesty: Is it everything we’ve been promised?
The Superannuation Guarantee Amnesty has been reintroduced to Parliament, but is it everything we were promised? This article considers the eligibility requirements for the Amnesty and the subsequent proposed changes to the penalties regime. We also discuss our concerns around the scope of the Amnesty and the potentially quite harsh changes to the penalty regime that are slated to take effect after the Amnesty ends.
Thinking| 21 Oct 2019
Disclosure as being ‘necessary but not sufficient’: ASIC ‘calls time’ on the usefulness of financial products and services disclosure
Recently ASIC and the Dutch Authority for the Financial Markets (AFM) released a joint report examining the effectiveness of disclosure in driving good consumer outcomes in financial services and products. In releasing the report, ASIC says that it is time to ‘”call time” on disclosure as the default consumer protection’.
Thinking| 16 Oct 2019
Financial Services in Focus – Issue 31
Financial Services in Focus is a fortnightly round-up of legal and regulatory developments in the financial services sector in Australia. Read more here.
Thinking| 17 Sep 2019
Revised draft Design and Distribution Obligations regulations
In this article, we outline briefly the exposure draft regulations released by the Government which support the new design and distribution obligations under the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019 (Cth) (DDO & PIP Act). The DDO & PIP Act amends the Corporations Act 2001 (Cth) (Corporations Act) […]
Thinking| 17 Sep 2019
Financial Services in Focus – Issue 30
Financial Services in Focus is a fortnightly round-up of legal and regulatory developments in the financial services sector in Australia...